Month: February 2014

Mt. Gox is in turmoil. Its remaining customers are disheartened, confused, baffled and host of other more angry sounding adjectives. Mt. Gox, had halted withdrawals earlier this month due to a technical glitch in its system (Transaction Malleability DDOS). and

The oldest, Tokyo based Bitcoin currency exchange, Mt.Gox holds 21% of all exchanged Bitcoins by volume. This weekend the bitcoin price headed south drastically, losing about $400 in less than 48 hours to momentarily fall to $540 (as shown in

Apple, the technology giant that revolutionized phones, music players and laptops, has taken down BlockChain (Figure 1), the last iPhone application used to buy and sell Bitcoins. Having been downloaded about 120,000 times from the App Store, the app was

The most recent news about Bitcoins is that the United States Postal Service might get into Bitcoins. Although it is quite unusual, this is something that they are really looking at. Recently, an online forum on Reddit started discussion on

The start of every calendar year brings the same trouble for most of the investors all over the world: filing tax returns. Adding up all possible incomes earned in the year and filing the tax returns is quite troublesome for

In October 2013, the Federal Bureau of Investigation (FBI) arrested Ross William Ulbricht, the alleged founder of the online black market site Silk Road, on charges of alleged murder for hire and drug trafficking violations. According to a federal complaint,